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Industry News - Page 376 of 696

  • Utility Makes ConMet Preset Plus Standard On All Trailers

    Utility Trailer Manufacturing Co., the industry’s largest manufacturer of refrigerated trailers and a leading manufacturer of dry freight vans, flatbeds, and Tautliner curtainsided trailers is pleased to announce ConMet Preset Plus wheel end hubs as the standard base specification on all Utility trailer models.

    Utility Makes ConMet Preset Plus Standard On All Trailers


    For nearly two decades, the ConMet Preset Plus has been the most advanced wheel end system in the market. The ConMet Preset Plus features an optimized bearing spacer, long-life bearings that are engineered to withstand demanding operating conditions, an integrated spindle nut that makes installation easier and improves wheel end clamp load to maintain proper endplay, precision machined casting, extended life seals, ABS tone ring, magnetic fill plug and easy access fill hole. The ConMet Preset Plus hubs come with an 8-year warranty and are available in aluminum and iron, drum and air-disc brake options for both TP and TN axle configurations.

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    Aug 17, 2021 - 4 years ago

  • Cervus Equipment Corporation Agrees To Be Acquired By Brandt Tractor Ltd.

    Cervus Equipment Corporation (“Cervus” or the “Company”) (TSX: CERV) today announced that it has entered into an arrangement agreement (the “Arrangement Agreement”) pursuant to which Brandt Tractor Ltd. (“Brandt”) will acquire all of the issued and outstanding common shares of the Company, excluding those held by Brandt, for $19.50 per share in cash (the “Consideration”), valuing Cervus at approximately $302 million on an equity value basis (the “Transaction”). The Consideration represents a 37% premium to the 20-day volume-weighted average price of the Company’s shares on the Toronto Stock Exchange for the period ending August 13, 2021.

    Cervus Equipment Corporation Agrees To Be Acquired By Brandt Tractor Ltd.

     

    Angela Lekatsas, President and Chief Executive Officer of Cervus, said, “This Transaction delivers tremendous value for our shareholders and clearly demonstrates the successful execution of our strategy. As a private company with a committed, well-capitalized and long-term owner, Cervus will be better positioned for the next stage of evolutionary growth for our dealerships. The size and scale of the entity created by the combination of our two companies will allow for increased investment into Cervus for the benefit of our employees and customers”.

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    Aug 16, 2021 - 4 years ago

  • Port Saint John Supports Seafarers Critical Communication Needs With Pier-Side WIFI

    The COVID-19 pandemic has intensified the already extremely isolated life of seafarers. Recently Port Saint John stepped forward to assist seafarers in this unprecedented time of crisis by investing in pier-side WiFi at the West Side terminals.

    Port Saint John Supports Seafarers Critical Communication Needs With Pier-Side WIFI

     

    In the early months of the pandemic, face-to-face services that seafarers around the world rely upon were suspended, and unfortunately this included Saint John Seafarers’ Mission.   As the pandemic wore on a global issue around seafarer repatriation began to evolve. There are estimates of tens of thousands of seafarers who have been working many months beyond their contracted times, often exceeding the maximum allowed by international maritime labour standards.  When this reality was combined with no or very minimal shore leave, a situation that was unacceptable to Port Saint John and the Saint John Seafarers’ Mission arose.

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    Aug 16, 2021 - 4 years ago

  • Coal Exploration Halted On Alberta’s Category 2 Lands

    In response to concerns raised by Albertans, including those who participated in a recent online survey, Alberta’s government is immediately halting all coal exploration projects in Category 2 lands.

    Coal Exploration Halted On Alberta’s Category 2 Lands
    Thermal coal from Genesee Mine, located west of Edmonton and operated by Westmoreland Coal Company. Photo courtesy Coal Association of Canada.

     

    Almost 25,000 Albertans from across the province shared feedback to help inform the next steps of the coal policy engagement through an online survey from March 29 to April 19.

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    Aug 16, 2021 - 4 years ago

  • Hitachi Rolls Out Grade Control Technology Options For Select Excavators

    Hitachi Construction & Mining Division, an operating division of John Deere Construction & Forestry Company (“Hitachi”), has rolled out options for its grade control technology, on select excavators, including 2D Grade Control and Solution Linkage 3D Grade Control, which allow an operator to set a grade and hold it.

    Hitachi Rolls Out Grade Control Technology Options For Select Excavators
    With Hitachi Solution Linkage 3D Grade Control, the machine controls the boom and bucket as the operator handles the arm.

     

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    Aug 16, 2021 - 4 years ago

  • Machinery Supply Launches New Website

    Machinery Supply, a leading heavy equipment dealership in Western Canada, has launched a new commercial website (machinerysupply.ca).

    Machinery Supply Launches New Website

    This newly redesigned website makes it quick and easy to access essential information. It features a more comprehensive view of the company’s product and service offerings across a wide range of aggregate producing functions including crushing, screening, conveying, and washing.  

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    Aug 16, 2021 - 4 years ago

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